Skip to content
Council Discourse

NYC Council meetings, chaptered and linked by time.

Independent project. Not affiliated with the New York City Council.

Created by Uzair Qadir

Inspired by Vikram Oberoi's City Meetings

Q&A

Aldebol asks about current equity funding and contract reopeners

New York City Council · Oct 16, 2026 · starts 1:22:32 · 1 min 53 sec

Aldebol asks where the equity funding concept is being applied now and whether contracts can be reopened mid-term; Pollack says last round's funds are spent, the concept will be considered in the next round, and reopeners are possible by mutual agreement.

Shirley Aldebol

And where are you implementing this concept now?

Shirley Aldebol

Are you continuing to have conversations with the unions about where this could be best?

Shirley Aldebol

applied?

Daniel Pollack

So for the last round, the units that had it, the money has been spent essentially, that process is over.

Daniel Pollack

It's certainly something as we approach the next round of bargaining that we will consider kind of how to approach those sales again, whether that concept should be included or a different concept with the same intentions.

Daniel Pollack

So definitely something we'll look at.

Shirley Aldebol

Is there a possibility of opening, having a re-opener?

Shirley Aldebol

Like, let's say you conclude bargaining and you've made decisions, but you find in the middle of a three- or four-year contract that there's a need.

Shirley Aldebol

Or a need is identified either by the union or by the agency, are you able to reopen bargaining or have a reopener to discuss the equity?

Daniel Pollack

Thank you for that question.

Daniel Pollack

You know, subject to mutual agreement, even though our contracts may have a provision that says, you know, neither party, as you're familiar with, shall make demands during the term of the contract, if we mutually agree that we want to reopen it to discuss a particular problem, we can.

Council Staff

Because there are a lot of questions, right?

Council Staff

From others?